The European Economic Community, or EEC, is a political and economic group whose membership encompasses all of Western Europe, with the the major players being France, Benelux, and Germany. As is seemingly-universal in the world, money plays a substantial role in how the organization conducts its operations. Specifically, the overall wealth of a country determines the level of influence its representatives have in the EEC's Euro Council.
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- A European Investment Bank was established to "facilitate the economic expansion of the Community by opening up fresh resources" (Art.
- European Economic Community was the full title of the EEC, which Britain joined on 1 January 1973, also known as the Common Market, later as the European...
- The initial aim of European Economic Community was to bring about economic integration, merge markets and create a customs union.
- The term also refers to the “European Communities,” which originally comprised the European Economic Community (EEC), the European Coal and Steel...
- ...Community (ECSC), the European Atomic Energy Community (EAEC or Euratom), and the European Economic Community (EEC), the last of which was...
- Glossary term: European Economic Community. Former regional organisation that aimed to bring about economic integration among its member states.
- The European Economic Community (EEC) was established in 1957 to promote regional economic and geographical coordination and cooperation.
- The European Community (EC) was formed in 1957 by six European countries with the goal of providing economic stability and preventing future wars.
- The European Economic Community (EEC), the most prominent example of a free trade area, actually is what economists call a customs union.
- The European Economic Community (EEC) was a regional organization that existed from 1957 to 1993.